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Feb 6, 2013
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congressional budget office that for the first time since president obama has been in office, we can see a deficit under $1 trillion. $884 billion is what they are suggesting. they think unemployment will go up through the next couple of years, but federal revenue, the amount of money coming into the government going up by 25%, in part, because of the fiscal cliff deal. also because the economy is improving. richard? >> tracie, we'll take under 1 trillion right now. thank you. >>> a major decision expected today from the boy scouts of america. national board members set to vote on whether to lift a decade's long band on gay leaders and scouts. the final day of a three-day meeting of officials. a controversial issue drawing fire from both sides and putting one of the country's largest youth organizations under a microscope. president obama said over the weekend that scouting should be open to everyone while texas governor rick perry expressed the opposite opinion. if board members scrap that policy, they will be able to decide for themselves to admit gays to their ranks there. >>> on the heels of t
congressional budget office that for the first time since president obama has been in office, we can see a deficit under $1 trillion. $884 billion is what they are suggesting. they think unemployment will go up through the next couple of years, but federal revenue, the amount of money coming into the government going up by 25%, in part, because of the fiscal cliff deal. also because the economy is improving. richard? >> tracie, we'll take under 1 trillion right now. thank you....
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Feb 6, 2013
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. >> the balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. >> the sooner we solve our spending problems, the sooner our jobs problem goes away as well. >> president obama is expected to talk about the use of drone strikes to kill terrorists abroad even if it includes u.s. citizens. >> lance armstrong needs to act fast to have his lifetime ban possibly lifted. the u.s. anti-doping agency says in exchange for information on his drug use, it may lift the ban from cycling. he has only until the end of today to cooperate. armstrong telling the organization he cannot meet the deadline. the guy never does anything easy. he will instead cooperate with orld anti-doping ag. he admitted using performance enhancing drugs to cheat his way to a record seven tour de france titles. >> out for the season but not out for good. we talk to lindsey vonn's coach about yesterday's slip on the slopes. oh, what it means for her quest for gold in 2014. >> announcer: you're watching "today in the bay." >> welcome back. good morning on this wednesday morning. we give y
. >> the balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. >> the sooner we solve our spending problems, the sooner our jobs problem goes away as well. >> president obama is expected to talk about the use of drone strikes to kill terrorists abroad even if it includes u.s. citizens. >> lance armstrong needs to act fast to have his lifetime ban possibly lifted. the u.s. anti-doping agency says in exchange for information...
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Feb 6, 2013
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the good news is the deficit is about half of what it was in 2009. deficit is the difference between what the government has and what it sapends. the deficit is only about $800 billion or $2500 for every single person in america. >> right. >> only. >> key word there. >> feels better to say only. 5:55. starting tomorrow we'll blame it on the rain. >> don't even think about washing your car. mother nature will put ta shine on naturally come tomorrow morning. this morning, we have chilly conditions out there. 39 degrees for instance in concord. 35 in santa rosa and 41 degrees in san mateo. headed to the 60s with sunshine this afternoon. 60 degrees inland and bay side. 59 degrees. at the coast, 58 degrees. your full forecast, the timing of the potent system on the way first we want to look at the drive. that's getting busy. good morning, mike. >> good morning. we are getting much more traffic flow on the san mateo bridge. the tail lights away from us are the commute direction. hayward to the peninsula side. there is increasing volume. we'll look at the m
the good news is the deficit is about half of what it was in 2009. deficit is the difference between what the government has and what it sapends. the deficit is only about $800 billion or $2500 for every single person in america. >> right. >> only. >> key word there. >> feels better to say only. 5:55. starting tomorrow we'll blame it on the rain. >> don't even think about washing your car. mother nature will put ta shine on naturally come tomorrow morning. this...
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Feb 4, 2013
02/13
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we're kind of running a deficit after our very dry january. thursday we get those showers. let's take you into the upcoming weekend. hey, we're done with the 49ers and football for now, but we're getting ready to start back up with baseball, of course. >> oh, yeah. >> we are your giants station. fanfest saturday looking good, back to you. >> that's right. the world champion giants. >> that's right. >>> coming up at 11:00, beyonce makes a major announcement follower her spectacular half time performance. >> maybe something to do with putting a ring op it. >>> and fan favorites. >>> virgin america announcing later today beginning may 1st it will start flying from san jose to los angeles. domestic carrier known for low fares and in-flight wifi will be facing some fierce competition from airlines, though, including southwest, american, alaska and united. the move is welcome news to silicon valley business travelers who have long been campaigning to bring more carrier to the airport. the airline plans to add 15 workers in san jose. >>> because the 49ers did not strike super bowl
we're kind of running a deficit after our very dry january. thursday we get those showers. let's take you into the upcoming weekend. hey, we're done with the 49ers and football for now, but we're getting ready to start back up with baseball, of course. >> oh, yeah. >> we are your giants station. fanfest saturday looking good, back to you. >> that's right. the world champion giants. >> that's right. >>> coming up at 11:00, beyonce makes a major announcement...
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Feb 8, 2013
02/13
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america's trade deficit with china felt by quite a bit suggesting strong american manufacturing and exports. now it's good news, but it doesn't gibe with the latest gdp numbers we have showing that the american economy has contracted. so economists are going to have to go back and figure this one out. those discouraging gdp numbers could very well be wrong. >>> a decent day on the markets. it's been a peculiar week this week, a lot of up and a lot of down. linkdn doing well after blowout yesterday. >>> and the power company that provided electricity to the louisiana superdome said it figured out what caused the power outage during the super bowl. it wasn't hackers, beyonce, it was just a bad relay. sometimes the explanation turns out to be a bit routine. a thing-ga-ma-doo quit working. >> fun to think that beyonce blew out all the lightsp. >> scott mcgrew talking about a thing-ga-ma-doo. >> technical term. >>> a live look. beautiful clear skies more or less here over san francisco. this is the clearest it's been all day. so mostly sunny here. let's show you san jose now. oh, yeah, we're sti
america's trade deficit with china felt by quite a bit suggesting strong american manufacturing and exports. now it's good news, but it doesn't gibe with the latest gdp numbers we have showing that the american economy has contracted. so economists are going to have to go back and figure this one out. those discouraging gdp numbers could very well be wrong. >>> a decent day on the markets. it's been a peculiar week this week, a lot of up and a lot of down. linkdn doing well after...
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Feb 11, 2013
02/13
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we're getting to the point where we're getting concerned about the deficit we're running when it comes to average rainfall totals. hopefully we'll get storm systems. i'm checking 15 days out. nothing significant. in fact, all we see are warm afternoons. 38 degrees in san jose to start. 31 in gilroy. 36 to start in santa cruz. i want to point out we don't have reduced visibility just yet but more problematic as we head throughout the next couple hours expecting some coastal fog as we head throughout the morning. here is our weather maker. all week long this big ridge stays put. we call it a blocking ridge because it blocks storm systems from getting into the bay area and takes them way to the north and for us that means high pressure is going to keep things nice and dry. we're also going to see that santa ana wind set up down south and that means l.a. is going to be in the 80s as we continue into winter. we're about a month away now from the official start of spring, which will be march 20th. temperatures today will be kind of mild. kind of cool for the first part of the day. by 4:00, y
we're getting to the point where we're getting concerned about the deficit we're running when it comes to average rainfall totals. hopefully we'll get storm systems. i'm checking 15 days out. nothing significant. in fact, all we see are warm afternoons. 38 degrees in san jose to start. 31 in gilroy. 36 to start in santa cruz. i want to point out we don't have reduced visibility just yet but more problematic as we head throughout the next couple hours expecting some coastal fog as we head...
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Feb 4, 2013
02/13
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we need it at this point we're starting to run a deficit in terms of your average total. we'll be on top of that for you. mike is all over your morning drive. >> good morning. deficit in the number of cars on the road. we don't mind that. keeps things moving smoothly. picking up volume now. a new crash just behind that 87 here north 101 at 87. a report of a crash there. sounds like everything is out of the lanes. i'll track that for the south bay. no big whoop as far as northbound commute direction or southbound for that matter. over here, a little build for your folks coming out of the altamont pass. holding steady and clearing as far as slowing in toward the dublin interchange. there is your commute route. no slowing again except for a minor buildup. you have to slow for the bend. we'll take folks over to the san mateo bridge and point out a couple things. smoother drive but a few more cars and they disappear as low clouds and fog make the high-rise view disappear here. on the foster city side, peninsula, look at this. i can't see the folks coming off the bridge. i can
we need it at this point we're starting to run a deficit in terms of your average total. we'll be on top of that for you. mike is all over your morning drive. >> good morning. deficit in the number of cars on the road. we don't mind that. keeps things moving smoothly. picking up volume now. a new crash just behind that 87 here north 101 at 87. a report of a crash there. sounds like everything is out of the lanes. i'll track that for the south bay. no big whoop as far as northbound commute...
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Feb 8, 2013
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today we'll get data on the trade deficit and wholesale trade. the dow losing 42 points to 1 13,944. nasdaq slipping another three to 3165. scott, we're all bracing for snow and likely going to be very light trading volume between wall street and up in boston all of those mutual funds. a lot of folks putting in shorter days. >> i would imagine so. have a safe weekend. thank you much. >>> the president met with house democrats on thursday to give them a preview of the state of the union address and he's going to give that next week and that speech will include new calls for green energy. that's good for silicon valley. and many immigrants here hope he'll push for immigration reform. we talkeded about this in the past. skilled workers who need visas to stay and don't get them despite the fact they are building companies. they can't get a visa but hopes to stay another way. >> we need any entrepreneur from all over the world to come to this country and maybe give them six to nine months, probably a year, just to prove the concept and see if at the e
today we'll get data on the trade deficit and wholesale trade. the dow losing 42 points to 1 13,944. nasdaq slipping another three to 3165. scott, we're all bracing for snow and likely going to be very light trading volume between wall street and up in boston all of those mutual funds. a lot of folks putting in shorter days. >> i would imagine so. have a safe weekend. thank you much. >>> the president met with house democrats on thursday to give them a preview of the state of the...
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Feb 8, 2013
02/13
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. >>> and new into the newsroom this morning, america's trade deficit with china fell quite a bit suggesting strong american manufacturing. that's good news but it doesn't jive with latest gdp numbers. economists will have to figure this one out. discouraging gdp numbers could be wrong. >>> the president met with house democrats on thursday to give them a preview of the state of the union. he'll be giving that next week including calls for green energy and immigrants here hope he'll push for reform in immigration. we've talked about this. skilled workers who struggle to get visas to stay in america despite the fact they are building companies. this is an italian who can't get a visa but he hopes he can find another way to stay. >> enabling any entrepreneur from all over the world to come to this country and maybe give them six to nine months, probably a year, just to prove their concept and see if at the end of the year they have, let's say, high 1%, they're good to go. >> he'll be my guest on "press: here" after "meet the press" this sunday. >> thank you very much. >>> time now 6:17. christ
. >>> and new into the newsroom this morning, america's trade deficit with china fell quite a bit suggesting strong american manufacturing. that's good news but it doesn't jive with latest gdp numbers. economists will have to figure this one out. discouraging gdp numbers could be wrong. >>> the president met with house democrats on thursday to give them a preview of the state of the union. he'll be giving that next week including calls for green energy and immigrants here hope...
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Feb 9, 2013
02/13
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cuts set to kick in march 1st, meant to be so egregious that lawmakers have to come to an agreement on deficit reduction. that has not happened and time is running out. >> if the sequester goes forward, thousands that work in national security, education, or clean energy are likely to be laid off. >> reporter: the cuts would amount to a 13% reduction to the military. >> this will badly damage our national defense and compromise our ability to respond to crises in a dangerous world. >> reporter: in washington, it's the same old sticking point, with the president insisting that the deal include new taxes. >> we sure as heck should be willing to ask, those of us who are luckiest in this society, to close a few loopholes and deductions that the average american doesn't get. >> reporter: republicans say it's time to reform entitlements and cut spending. >> there is a better way to lower the deficit. but americans do not -- do not support sacrificing real spending cuts for more tax hikes. >> i think the chances of a deal to avert the sequester are less than 50/50, you are looking at a short time fra
cuts set to kick in march 1st, meant to be so egregious that lawmakers have to come to an agreement on deficit reduction. that has not happened and time is running out. >> if the sequester goes forward, thousands that work in national security, education, or clean energy are likely to be laid off. >> reporter: the cuts would amount to a 13% reduction to the military. >> this will badly damage our national defense and compromise our ability to respond to crises in a dangerous...
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Feb 12, 2013
02/13
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energy, education, national security and the deficit, real achievable plans that will lead to new jobs. >> reporter: tonight's new state of the union come just two weeks before budget showdowns. on march 1st, a series of draconian spending cuts both sides want to avoid but will kick in if nothing is done. then on march 30th the government completely runs out of funding. the arguments from both sides remain largely the same from previous budget impasses, the president pushing for tax hikes on the wealthy. republicans insisting on major spending cuts. >> the president will actually have to move beyond the gimmicks and the taxes and propose real spending reductions. >> reporter: despite the economic focus, the issue of guns, especially the memory of newtown, will loom over the house chamber. with lawmakers inviting guests from both sides of the gun debate, from former rock star ted nugent on one side including former congresswoman gabby giffords who also stars in this ad. >> take it from me, congress must act. let's get this done. >> reporter: tonight there will be a lot of acting cabinet
energy, education, national security and the deficit, real achievable plans that will lead to new jobs. >> reporter: tonight's new state of the union come just two weeks before budget showdowns. on march 1st, a series of draconian spending cuts both sides want to avoid but will kick in if nothing is done. then on march 30th the government completely runs out of funding. the arguments from both sides remain largely the same from previous budget impasses, the president pushing for tax hikes...
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Feb 8, 2013
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. >> reporter: the president will largely focus his attention on immigration reform and deficit reduction exactly one week ahead of his state of the union address. >>> a tragic story. new details on the death of a new york city mom murdered in turkey. >> she was supposed to come back and she didn't. >> they must have luck on their side. ste stephen and terri weaver were on a weekend getaway and returned with two lottery tickets. are you kidding me? >> couldn't believe we won twice. couldn't believe we had won as much as we did. >> jesse, will you come out? >> a gentleman never kisses and tells. >> pucker up. all right. >> loser pays up. boy, is al roker paying right now. >> here's what's happening in your neck of the -- your neck of the woods. >> l.a. reid, the music mogul and jennifer hudson. >> katharine mcphee is inside our studio warm and toasty. >> you remember her, tiffani thiess thiessen, of "saved from the bell." >> john harbaugh is with us from new orleans. >> we were watching your show in the room. you guys do a great job. we love your show. >> yes, there are men on trampolines
. >> reporter: the president will largely focus his attention on immigration reform and deficit reduction exactly one week ahead of his state of the union address. >>> a tragic story. new details on the death of a new york city mom murdered in turkey. >> she was supposed to come back and she didn't. >> they must have luck on their side. ste stephen and terri weaver were on a weekend getaway and returned with two lottery tickets. are you kidding me? >> couldn't...
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Feb 5, 2013
02/13
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the president will largely focus his attention on immigration reform and deficit reduction exactly one week ahead of his state of the union address. president obama is juggling a full plate of proposals on guns and immigration. homeland security secretary janet napolitano on monday toured border security operations in san diego. >> we are committed to making sure this sector and the entire southwest border remains secure. >> reporter: a key piece of the president's plan for immigration reform that allowed estimates 11 million undocumented immigrants living in the u.s. to earn citizenship. on monday he took his push for tougher gun laws to minneapolis, the city known as murderopolis in the mid '90s, before a crackdown sharply reduced the violence. >> weapons of war have no place on our streets or in our schools or threatening our law enforcement officers. >> reporter: against the backdrop of those officers, president obama urged supporters to call on congress to act. >> we don't have to agree on everything to agree it's time to do something. >> reporter: while both sides largely agree w
the president will largely focus his attention on immigration reform and deficit reduction exactly one week ahead of his state of the union address. president obama is juggling a full plate of proposals on guns and immigration. homeland security secretary janet napolitano on monday toured border security operations in san diego. >> we are committed to making sure this sector and the entire southwest border remains secure. >> reporter: a key piece of the president's plan for...